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| Format: | Artículo científico |
| Language: | en |
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Universidad Nacional Autónoma de México
2021
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| Online Access: | https://www.redalyc.org/articulo.oa?id=39571722012 https://www.redalyc.org/journal/395/39571722012/ https://www.redalyc.org/journal/395/39571722012/html/ https://www.redalyc.org/journal/395/39571722012/39571722012.epub https://www.redalyc.org/journal/395/39571722012/movil |
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| _version_ | 1866584816422486016 |
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| author | Darko B. Vukovic |
| author_facet | Darko B. Vukovic |
| contents | A study on the factors that governs US and EU YTM Darko B. Vukovic Victor Prosin Moinak Maiti Administración y Contabilidad G15 G18 G28 G32 US Debt market This paper analyzes the factors that contribute to the government obligations yield to maturity on the EU and US markets. Both, the bond characteristics and macroeconomic factors are taken into account, and the magnitude of each of the factor is provided which compose the average yield to maturity. Due to a severe financial crisis in the past years, economies are still recovering from the effects what makes investors to look for the stable investment instruments. Results of this study are a good fundamental for private investors that desire a stable return with a low-risk exposure. The factors and obtained coeffi- cients included in the paper, can be used by investors, both private and institutional, to understand the magnitudes of the premiums that they can take on by varying the bond characteristics which account to the bond yield to maturity. Investors can decide at which premiums they are willing to focus, to obtain the desired expected returns. 2021 artículo científico 0186-1042 https://www.redalyc.org/articulo.oa?id=39571722012 https://www.redalyc.org/journal/395/39571722012/ https://www.redalyc.org/journal/395/39571722012/html/ https://www.redalyc.org/journal/395/39571722012/39571722012.epub https://www.redalyc.org/journal/395/39571722012/movil 10.22201/fca.24488410e.2021.2688 en http://www.redalyc.org/revista.oa?id=395 Contaduría y Administración application/pdf Universidad Nacional Autónoma de México Contaduría y Administración (México) Num.3 Vol.66 |
| format | Artículo científico |
| id | redalyc_39571722012 |
| language | en |
| publishDate | 2021 |
| publisher | Universidad Nacional Autónoma de México |
| spellingShingle | A study on the factors that governs US and EU YTM Darko B. Vukovic Administración y Contabilidad G15 G18 G28 G32 US Debt market A study on the factors that governs US and EU YTM Darko B. Vukovic Victor Prosin Moinak Maiti Administración y Contabilidad G15 G18 G28 G32 US Debt market This paper analyzes the factors that contribute to the government obligations yield to maturity on the EU and US markets. Both, the bond characteristics and macroeconomic factors are taken into account, and the magnitude of each of the factor is provided which compose the average yield to maturity. Due to a severe financial crisis in the past years, economies are still recovering from the effects what makes investors to look for the stable investment instruments. Results of this study are a good fundamental for private investors that desire a stable return with a low-risk exposure. The factors and obtained coeffi- cients included in the paper, can be used by investors, both private and institutional, to understand the magnitudes of the premiums that they can take on by varying the bond characteristics which account to the bond yield to maturity. Investors can decide at which premiums they are willing to focus, to obtain the desired expected returns. 2021 artículo científico 0186-1042 https://www.redalyc.org/articulo.oa?id=39571722012 https://www.redalyc.org/journal/395/39571722012/ https://www.redalyc.org/journal/395/39571722012/html/ https://www.redalyc.org/journal/395/39571722012/39571722012.epub https://www.redalyc.org/journal/395/39571722012/movil 10.22201/fca.24488410e.2021.2688 en http://www.redalyc.org/revista.oa?id=395 Contaduría y Administración application/pdf Universidad Nacional Autónoma de México Contaduría y Administración (México) Num.3 Vol.66 |
| title | A study on the factors that governs US and EU YTM |
| topic | Administración y Contabilidad G15 G18 G28 G32 US Debt market |
| url | https://www.redalyc.org/articulo.oa?id=39571722012 https://www.redalyc.org/journal/395/39571722012/ https://www.redalyc.org/journal/395/39571722012/html/ https://www.redalyc.org/journal/395/39571722012/39571722012.epub https://www.redalyc.org/journal/395/39571722012/movil |